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than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul reya, sorry ryan. if you don't include social security and medicare on the takers list you can't get to romney's more generous 47% taker to maker ratio. if takers were just welfare recipients it was 2%. i have to tell you nobody ever won an election demonizing such a small percentage of americans. well, hardly anyone. [ laughter ] the idea that republicans characterized even social security and medicare as halmakes of a takers society -- hallmarks of a taker society i'll let the speakers describe it. >> we built it. >> you better bel
than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul...
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Jan 24, 2013
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the math. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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tax them or take them. >> and surprising views on guns. >> i know how newtown happened. i'm still really, really wrecked over why. >> and talk about upset. serena williams temper tantrum on the court. a big conversation tonight. this is "piers morgan tonight." >>> good evening. apologies for my ridiculous voice. my critics will be thrilled that i have nearly been silenced but i'm still going on it on a positive note, i always wanted to sound like barry white so i'll try to get through this as best i can. inauguration seems like such a long time ago. tonight the country is arguing over everything from guns to weather to hillary clinton. a battle over benghazi, she gave as good as she got. it was an extraordinary moment. listen to this. >> the fact is we had four dead americans. was it because of a protest or because of guys out for a walk one night that decided to go kill americans. what difference at this point does it make? it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. >> an emotional hillary clinton
tax them or take them. >> and surprising views on guns. >> i know how newtown happened. i'm still really, really wrecked over why. >> and talk about upset. serena williams temper tantrum on the court. a big conversation tonight. this is "piers morgan tonight." >>> good evening. apologies for my ridiculous voice. my critics will be thrilled that i have nearly been silenced but i'm still going on it on a positive note, i always wanted to sound like barry white...
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Jan 24, 2013
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people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever they happen to be and not to figure out where they can go to skirt the laws. >> thank you. >> sure thing. >> coming up, the growing problem of revenge porn. say you are in a relationship that ends badly. your ex-has access to intimate foties of you. those picture may end up online posted on revenge porn websites. that story is next. [ woman ] uh-oh. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast! [ male announcer ] stop the uh-oh fast with kaopectate. [ male announcer ] stop the uh-oh fast itbut sleep train's hu
people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever...
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Jan 24, 2013
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budget cuts and tax hikes to avoid a full-scale bail-out accord og the efforts are hurting short-term recovery. with backing from the european central bank might offer long-term hope. bond sales to write down spain's debt went well. >> we are getting indicators that it's slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young and old in athens. unemployment in greece is higher than spain. and pensions are slinking. >> we are rapidly going backwards. far backwards. the only battle is the battle on the street. >> greece is trying to keep a lid on things. mass transit strike in the second week. officials say they will jail workers if they don't go back on the job. greeks are tired. this is a hassle but what can we do? >> this is watched by the u.s. wall street buffeted by the european trouble. washington planning austerity moves and taxes and all are hoping what has happened in europe isn't a preview of years to come. bret? >> bre
budget cuts and tax hikes to avoid a full-scale bail-out accord og the efforts are hurting short-term recovery. with backing from the european central bank might offer long-term hope. bond sales to write down spain's debt went well. >> we are getting indicators that it's slowly adjusting. start to turn in the coming quarter. >> greece might be building on a couple of years of austerit austerity. the country is qualifying for e.u. bail-out money. 2013 is bringing more protests. young...
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they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve
they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it...
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Jan 24, 2013
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and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street jour
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i...